Edison International (EIX) Analysts See $0.93 EPS

January 21, 2018 - By Adrian Mccoy

 Edison International (EIX) Analysts See $0.93 EPS
Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.06, from 1.21 in 2017Q2. It dived, as 33 investors sold Edison International shares while 173 reduced holdings. 57 funds opened positions while 179 raised stakes. 259.99 million shares or 1.33% less from 263.50 million shares in 2017Q2 were reported.
Great Lakes Advisors Ltd Liability has invested 0.01% in Edison International (NYSE:EIX). Moreover, Rnc Cap Management Lc has 0.04% invested in Edison International (NYSE:EIX) for 6,967 shares. The Ohio-based Victory Capital has invested 0.01% in Edison International (NYSE:EIX). Lazard Asset Management Limited Com reported 0.07% of its portfolio in Edison International (NYSE:EIX). Chevy Chase Trust has invested 0.1% in Edison International (NYSE:EIX). Art Advisors Lc owns 33,612 shares or 0.13% of their US portfolio. Prudential Plc holds 1.95M shares. Ontario Teachers Pension Plan Board invested 0.13% of its portfolio in Edison International (NYSE:EIX). Salem Investment Counselors Inc has 1,340 shares for 0.01% of their portfolio. Douglass Winthrop Advisors Limited Liability Company holds 0.03% or 7,214 shares in its portfolio. Sentry Invests Corp reported 0.08% stake. Tower Capital Limited Liability Corp (Trc) stated it has 0% of its portfolio in Edison International (NYSE:EIX). Glob Thematic Prns Limited Liability Corporation stated it has 821,589 shares. Barclays Public Ltd Llc accumulated 203,293 shares. Veritable L P reported 0.02% of its portfolio in Edison International (NYSE:EIX).

Since August 15, 2017, it had 0 buys, and 1 insider sale for $18.10 million activity.

Analysts expect Edison International (NYSE:EIX) to report $0.93 EPS on February, 20.They anticipate $0.08 EPS change or 7.92 % from last quarter’s $1.01 EPS. EIX’s profit would be $303.00M giving it 16.70 P/E if the $0.93 EPS is correct. After having $1.43 EPS previously, Edison International’s analysts see -34.97 % EPS growth. The stock increased 0.32% or $0.2 during the last trading session, reaching $62.12. About 3.22 million shares traded or 0.61% up from the average. Edison International (NYSE:EIX) has risen 12.39% since January 21, 2017 and is uptrending. It has underperformed by 4.31% the S&P500.

Edison International (NYSE:EIX) Ratings Coverage

Among 20 analysts covering Edison (NYSE:EIX), 9 have Buy rating, 1 Sell and 10 Hold. Therefore 45% are positive. Edison had 59 analyst reports since August 3, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $8500 target in Friday, July 28 report. The firm earned “Hold” rating on Monday, June 12 by Jefferies. The firm earned “Hold” rating on Friday, January 12 by J.P. Morgan. The rating was maintained by Jefferies on Tuesday, May 3 with “Hold”. The rating was maintained by SunTrust with “Buy” on Friday, September 29. RBC Capital Markets maintained Edison International (NYSE:EIX) rating on Thursday, December 21. RBC Capital Markets has “Buy” rating and $74.0 target. The firm earned “Buy” rating on Tuesday, August 15 by BMO Capital Markets. SunTrust maintained Edison International (NYSE:EIX) on Tuesday, December 5 with “Buy” rating. Guggenheim downgraded Edison International (NYSE:EIX) on Wednesday, October 28 to “Neutral” rating. The firm has “Buy” rating by Argus Research given on Wednesday, April 20.

Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. The company has market cap of $20.24 billion. The firm generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It has a 14.19 P/E ratio. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks.

More important recent Edison International (NYSE:EIX) news were published by: Bloomberg.com which released: “Southern California Edison Sued Over Los Angeles-Area Wildfires” on January 10, 2018, also Streetinsider.com published article titled: “JPMorgan Starts Edison International (EIX) at Neutral”, Seekingalpha.com published: “Edison International From The Perspective Of A Preferred Investor” on December 28, 2017. More interesting news about Edison International (NYSE:EIX) was released by: 247Wallst.com and their article: “Edison International, Windstream Topple into Tuesday’s 52-Week Low Club” with publication date: January 02, 2018.

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